In this episode of ELI, we delve into the fascinating journey of Entod Pharmaceuticals, a leading international research company with over four decades of expertise in ophthalmology, ENT, and dermatology. Host Priyaranjan Mohanty sits down with Mr. Nikkhil K. Masurkar, the CEO of Entod, to explore the company's rich history, its evolution from a contract manufacturer to a research-driven innovator, and India's burgeoning role in the global pharmaceutical landscape.Mr. Masurkar shares insights into his early life, his education in pharmacy and research in the UK, and how he brought that knowledge back to India to propel Entod forward. We discuss the vision of his grandfather, the founder, and how Entod's specialization in niche segments is addressing the growing healthcare needs in India.Discover the inside story of pharmaceutical research and development in India, the intricacies of clinical trials and regulatory approvals, and Entod's commitment to bringing innovative and affordable medicines to patients. This episode is a must-watch for anyone interested in the pharmaceutical industry, entrepreneurship in healthcare, and India's journey towards becoming a global pharma leader.Chapters:00:00 Introduction to ELI and Guest Mr. Nikkhil K. Masurkar00:43 Nikkhil K. Masurkar's Early Life and Background01:28 Joining and Growing Entod Pharmaceuticals02:29 The Evolution and Founding Story of Entod (1977-2025)03:59 The Meaning Behind Entod's Name and Logo04:25 Entod's Early Days as a Contract Manufacturer05:06 Transitioning to Own Brands and R&D in the Early 2000s05:47 Internationalizing the Business and Current Focus06:49 Learnings from Studying Pharmacy and Research in the UK07:58 India's Growing Strength in Pharmacy and Medicine Post-COVID09:15 India as the "Pharmacy of the World" and the Shift Towards R&D10:32 India's R&D Ecosystem and Future Growth in Pharma12:38 Specializing in Ophthalmology, ENT, and Dermatology: The Rationale13:56 Increasing Stress on Senses Due to Modern Lifestyles15:14 India's Success Story in the Ophthalmology Industry16:46 Accessibility and Affordability of Eye Care in India17:55 Factors Driving the Success of Ophthalmology in India19:43 Expansion and Future of Eye Care and ENT in India21:03 Continued Need and Potential in Ophthalmology21:39 Entod's Investment and Logistics in R&D22:21 Cost-Effectiveness of R&D in India22:50 Clinical Trials and Regulatory Approval Process in India (CDSCO)23:26 Developing World-First Therapies in India24:02 Untapped Potential of the Indian Domestic Pharma Market24:25 Entod's Focus on World-First Therapies for Global South25:41 Timeline for Developing and Launching a New Medicine26:25 Credibility and Value of Regulatory Approvals in India27:06 Marketing and Distribution Logistics for Pharmaceutical Products in India27:42 Role of Medical Representatives and Field Force28:11 Academic Support and Events in Ophthalmology, ENT, and Dermatology29:06 Shifting from Foreign-Led to India-Led Academic Events29:21 Reaching Out to Patients and Raising Disease Awareness30:15 Message to Aspiring Entrepreneurs in the Healthcare Sector30:57 Identifying Unmet Healthcare Needs Specific to India31:33 Importance of a Research and Innovation Mindset32:12 Innovate and Take Calculated Risks for Long-Term Success33:00 Closing Remarks and Thank You to Mr. Nikkhil K. Masurkar33:23 Thank You and End